Police arrest man for laundering tens of millions of euros via cryptocurrency

by CLare Dominic September 14, 2022

written by CLare Dominic September 14, 2022 0 comments

Police arrest man for laundering tens of millions of euros via cryptocurrency

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Euros via cryptocurrency – The police arrested a man from Veenendaal last week on suspicion of laundering criminal money via cryptocurrency. It concerns an amount of tens of millions of euros, reports the police Tuesday.

The suspect was arrested in the night of Monday 5 to Tuesday 6 September. He would have converted stolen bitcoins into digital coins that are more difficult to follow.

Police arrest man for laundering tens of millions of euros via cryptocurrency

The bitcoins would have been captured by a malicious software update at Electrum, a kind of digital wallet. The profit that the man would have made, the police in the form of cryptocurrency confiscated.

The man was released on Thursday, but remains a suspect. During the search of his home in the Utrecht town, several data carriers were seized.

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CLare Dominic

Hello, I'm Clare Dominic, the Author at todaysgist.com. With a background in journalism and a passion for storytelling, I oversee the writing process to ensure that our content is engaging, accurate, and relevant to our audience. Working closely with our team of writers and contributors, I strive to maintain afrilatest.com as a trusted source of news and entertainment. Our platform offers hot trending news worldwide, sports updates, games, and lifestyle trends, providing our readers with a diverse range of content to explore and enjoy. I am committed to upholding the highest standards of journalistic integrity and excellence, ensuring that todaysgist.com continues to inspire, inform, and entertain our audience.

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